Turners Automotive Group (TRA) investor relations material

Opening remarks and agenda

• Chairman and CEO welcomed attendees, introduced directors, senior management, auditors, and advisors, and confirmed a quorum to open the meeting.

• Directors up for re-election presented, and the agenda included business presentations, shareholder discussion, Q&A, and voting on three resolutions.

Financial performance review

• Achieved a fifth consecutive record result in FY25, capping a decade of growth and resilience despite a challenging consumer environment.

• FY25 revenue was $414.2M (-1%), net profit before tax $54.3M (+10%), EBIT $62.3M (+6%), and net profit after tax $38.6M (+17%).

• Dividend per share increased to 29.0cps (+14%), with record dividends and share price uplift.

• All four business divisions showed growth in 2H24, with diversified earnings offsetting lower auto retail revenue; auto retail margins rebounded in H2, and finance and insurance divisions showed strong growth and quality.

• Loan book grew 5% in the first four months of the year, with a focus on high credit quality; insurance premiums increased, especially in motor vehicle insurance, and claims ratios remained stable.

Board and executive committee updates

• Emphasized continuity and succession planning, with reelection of key directors and CEO joining the board; board includes a mix of non-executive, independent, and executive directors, with significant share ownership among directors and employees.

• Highlighted the importance of diverse skills and experience on the board.